The Libyan Jujube Tree is 2 metres high and has 60-metre roots.

Natural changes in capital

You are a manager, shareholder or advisor of a company that is liable to see a change in its capital, of one of the following six types:

• A complete or partial transfer of the business to its management (MBO)

• Securing part of the assets of the shareholder manager(s) (OBO)

• Funding organic growth (growth capital)

• Exit of a minority shareholder (partial buyout)

• Funding the takeover of another business (Build-up)

• A complete or partial transfer of the business to outside management, possibly in partnership with the incumbent management (MBI / BIMBO)

It is essential for everyone to anticipate these natural changes. Please don’t hesitate to come and exchange ideas with us: observance of confidentiality is the basis of our business.

Main goal:

The Plane Tree planted by Buffon in the Jardin des Plantes in Paris is 226 years old and has never been pruned.

Promoting the emergence in France of new SMEs that have the potential to be leaders in their sectors

Capital & Dirigeants Partenaires has pooled €30m, committed by about ten private investors, in a structure called «The Hub», since it is designed to be «an ideal venue for discussions to serve managers and help SMEs expand». This sum will be invested over the next three years in business plans which in our opinion offer an exceptional growth potential.

Our initial investments will be between €300,000 and €3,000,000. With our investors, we have the capacity to support any project that expands far above these amounts. Main goal: Promoting the emergence in France of new SMEs that are leaders in their sectors.

There exists an Olive Tree aged about 2,000 years old in the South of France.

Professional investors specialised in support for and the sale of companies

What is special about our service is that, in addition to our capital, we provide companies that are solvent but still young and/or small in size and/or in profitability, as well as their managers, with all our experience as professional investors, specialised in support for and the transfer of companies, who have in the past organised private equity transactions and provided advisory services for fundraising, divestments and acquisitions of bigger companies.

In the corporate transactions market, we observe that the threshold of €1m in pre-tax profit is now the bar to be crossed to become truly attractive and either purport to be of strategic value for certain so-called «industrial» buyers, or be easily eligible for an MBO from the viewpoint of institutional investors or banks.

There exists an Olive Tree aged about 2,000 years old in the South of France.

There is a King’s Holly in Tasmania which is 43,000 years old. Its life covers the history of our species.

A key equity stake in the success of the joint project

We therefore propose partnerships and financial arrangements always giving priority to growth, entailing the least possible dilution for the shareholder managers, who in our opinion should retain, in the same way as ourselves personally, a key equity stake in the success of the joint project.

The funds invested come directly or indirectly, via their ownership structures, from individuals who are all entrepreneurs or ex-entrepreneurs in a great variety of sectors. Our future business manager partners can therefore count on the fact that with regard to the exit, pragmatism will always prevail, far from «institutional» type political, tax or liquidity constraints.

A tree is potentially immortal; only a disease or an attack can kill it.

Our investor partners are entrepreneurs who understand SMEs. They can contribute funds but they do not take part in monitoring our investments. Managing a business and investing are two different jobs entailing different yet complementary expertise.

Your contact persons are the partners of Capital & Dirigeants Partenaires, who have a significant personal investment alongside you. We are professional investors, who have organised no fewer than 90 transactions in the past, analysed several thousand companies and have a combined experience of 50 years in these activities.

Bruno Annequin Hubert Méraud

A tree is potentially immortal; only a disease or an attack can kill it.

A human being consumes 250 kg of oxygen per year.The average tree produces 25 kg of oxygen. Ten trees provide breath for one human being.

Our values can be summed up in three words:

Independence With regard to any institutional player, immune to the changes of strategy of financial groups.

Ethics To protect the interests of the business, which are the same as ours and those of our partners, and ensure their consistency with the interests of the society in which we live.

Loyalty Towards our partners, and towards the businesses that we support.

Trees are a source of life; they are carbon sinks. They shelter 50% of the biodiversity of the planet and feed 2 billion people.

Constantly aware that they do not live in an infinite world, they do not climb to the sky, but prefer to embellish it.

The observation of their unwavering wisdom should inspire the action of us frenzied human beings: to take time like the oak tree and its 80-year maturity, to develop roots to hold up better in the storms.

A business is like a tree.

Capital & Dirigeants Partenaires devotes all its resources to businesses, and trees, and supports:

www.tree-nation.com www.greenbeltmovement.org www.wildtouch.org

A human skin covers 2 m². A single broadleaf tree 15 metres high covers 200 hectares. It purifies the air and soil of that whole area.

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PP

20, Rue de Caumartin - 75009 Paris (métros RER Opéra / Auber / Havre Caumartin Madeleine)

20, Rue de Caumartin - 75009 ParisTél. : 01 44 80 09 37 Fax : 01 85 09 61 93 info@capital-dirigeants.com www.capital-dirigeants.com

Alone we have destroyed half of the forest on the planet in one century. Massive tree plantations would absorb 20% of CO2 emissions, making cities fresher and more economical.